MLS® ID: 19062076

5324 Virginia Avenue

St Louis, Missouri, 63111

$379,000 Active
  • - SQFT
Family Dollar is now available in Saint Louis, MO a golden opportunity for investors Very strong Tenant. • Ideal 1031 exchange property • Year Built in 1990 • Long-term lease with Options. • Larger 9,100 SF “Family Dollar” • Extremely strong corporate guarantee from Family Dollar • rent increase in base term of the lease; cap rate will increase to up to 16.453% at the last option term. • Rent increases are an excellent hedge against inflation • The subject property is located close to Highway 55 which sees approximately 68,400 vehicles daily • Strong demographics: more than 51,308 residents in a 3-mile radius • Strong demographics: more than 112,696 residents in a 5-mile radius
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Listing courtesy of A & M Realty Inc

Amenities

  • Full baths
    0
  • Zip
    63111
  • Office name
    A & M Realty Inc
  • SQFT
    0
  • Property type
    Commercial & Indr.
  • Zoning type
    F
  • Lot size
    51488
  • Sewer
    Public
  • Heating
    Forced Air
  • Tax year
    2018
  • Agent name
    Asad Alqam
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $300k-$400k
  • Square Feet Range
    < 1000 sq ft.
  • Office ID
    AMRI01
  • Agent ID
    AALQAM

Location

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